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Norway: Statoil will drill more wells in Arctic Barents Sea
Norway’s company Statoil will continue to explore oil in the Arctic Barents Sea next year even if its 2017 campaign was expected to do better.
read more... 29/11/2017
Russian Novatek and Japanese partner companies agreed on creating LNG hub
Russian company Novatek as well as Japan firms Marubeni and Mitsui O.S.K. Lines inked a trilateral memorandum of understanding (MOU) to open a liquefied natural gas (LNG) hub situated in Russia's Kamchatka region.
read more... 29/11/2017
Daily (29.11.2017): German spot power prices jumped by 91% on Tuesday due to forecasts for lower wind production and increased demand
Oil prices edged lower on Tuesday on predictions of higher output, although global markets were slightly better buyout by expectations an OPEC-led supply reduction would be prolonged. Brent crude futures settled 23 cents, or 0.4 percent, down at $63.61 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $57.99 a barrel, down 12 cents, or 0.2 percent, from their last settlement.
read more... 29/11/2017
Shell launches oil exploration tests in Brazil
Shell launches oil exploration tests in Brazil
read more... 28/11/2017
Prospex Oil and Gas discovers gas in Romanian reservoirs and might launch production in Q2 2018
Prospex Oil and Gas based in the UK declared it has made a finding at its Bainet-1 well on the Suceava concession in Romania and might launch exploration in the second quarter of 2018, as announced by the operator of the well, Raffles Energy.
read more... 28/11/2017